Viet Phat Import Export Trading Investment Joint Stock Company calls for extraordinary shareholders' meeting

Viet Phat Investment Trading Import-Export Joint Stock Company (VPG) is facing major leadership turmoil as three members of its Board of Directors — including the General Director and former Chairman — simultaneously submitted resignation letters amid criminal prosecution. To restructure its leadership, VPG has decided to convene an extraordinary General Meeting of Shareholders on July 31, 2025, to elect three new board members, including one independent director. Despite strong business growth in 2024, VPG shares have plummeted due to the negative impact of the investigation and executive shake-up.

Viet Phat Investment Trading Import-Export Joint Stock Company (VPG) is facing major leadership turmoil as three members of its Board of Directors — including the General Director and former Chairman — simultaneously submitted resignation letters amid criminal prosecution. To restructure its leadership, VPG has decided to convene an extraordinary General Meeting of Shareholders on July 31, 2025, to elect three new board members, including one independent director. Despite strong business growth in 2024, VPG shares have plummeted due to the negative impact of the investigation and executive shake-up.

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